WELCOME TO THIS WEEK’S EDITION OF SALIENCE
This week we cover the Escobar brother fighting Europe’s biggest fintech firm, the future of Generation Rent, and the messaging app giving world leaders a headache. Plus, a closer look at Zoom, and a turkey surprise this Christmas.
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Pablo Escobar’s brother suing fintech giant Klarna
Yes, you read that right. Roberto Escobar, founder of Escobar Inc, is taking on the $10.6bn company with a legal dispute over €400,000. Alongside Escobar Inc’s millennial CEO, known as ‘El Silencio’, Roberto is threatening to disrupt Klarna’s plans for a heavily anticipated US IPO.
Help create Generation Rent Better
Giving the UK’s population of tenants a leg-up does not have to mean focusing solely on how to buy property. Indeed, Elisabeth Kohlbach, CEO of Sapience client and proptech firm Skwire argues that improving the rental experience would be a more welcome change for a demographic who are motivated by more than just deposits.
Telegram for Mr Lukashenko!
Belarus’ leader may not be so fond of Telegram, the messaging app created by a reclusive Russian exile which is helping fuel protest against his regime. But if you can’t beat them, join them – and Lukashenko himself has now joined the ranks of Telegram’s users.
Zooming in on video-chat securityVideoconferencing behemoth Zoom has reached a settlement with the US Federal Trade Commission, after the regulator took issue with the platform’s security claims. The question is now whether the debate over alleged encryption issues will impact the confidence of users, and if they feel they’ve been sold a false sense of security.
And finally…Enough turkeys to gobble this winter?
The prospect of a socially distanced festive season has weakened the appetite for large turkeys, with far fewer Americans planning extended family gatherings this Thanksgiving. With Britons set to follow suit over Christmas, the meat market is looking significantly different to previous years.
